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Main Business Canadian businesses are considering opportunities for investment in the Ukrainian transportation sector

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Canadian businesses are considering opportunities for investment in the Ukrainian transportation sector

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Canadian businesses are considering opportunities for investment in the Ukrainian transportation sector

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The team from the Ministry of Recovery, led by the Minister of Community Development, Territories, and Infrastructure, Oleksandr Kubrakov, met with the Ambassador of Canada to Ukraine, Natalia Tymoshenko. The purpose of the meeting was to discuss the main priorities for the recovery and development of Ukraine's transportation sector and the attraction of private capital.

"We already have successful experience of cooperation, including within the framework of the Support to Government Reforms in Ukraine (SURGe) project, funded by the Government of Canada. Together with experts, we are shaping and implementing state policy on recovery, regional development, and decentralization.

At the same time, despite the war, the transportation sector remains one of the investment-attractive areas. We focus our attention on increasing export capabilities of land and water routes, both in the long-term and short-term perspective.

 

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In addition, at the initiative of the ministry, a special Business Advisory Group has been created and is functioning, which contributes to the coordination between international and Ukrainian businesses with government structures. I thank Ambassador Natalia Tymoshenko for her leadership and cooperation," commented Vice Prime Minister for Ukraine's Recovery - Minister of Community Development, Territories, and Infrastructure of Ukraine, Oleksandr Kubrakov.

As of today, among the main directions for investment in the transportation sector, Canada considers:

  1. Railway transportation, including multimodal;
  2. Modernization of Ukrainian Black Sea ports;
  3. Development of land border crossing points;
  4. Assistance in the rapid recovery of civil aviation;
  5. Shipbuilding.

 

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